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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?


To: The Count who wrote (5884)3/1/1998 5:46:00 PM
From: tanoose  Read Replies (1) | Respond to of 10836
 
Hello Vincent;

Part of what drove the price up a few weeks back was in fact due to short covering, no doubt there were many who re-positioned at higher prices, fundamentally a smart move.

And yes I did mention that, I believe it was from another thread, no direct information that I have can confirm that, and I have noticed on Stockwatch this week that I saw Nesbitt on the buy side on a number of occasions.

The only point I was basically trying to make is we do not "HAVE" all of the figures to come close to coming up with a value, period. We do know however that this area is one of the richest ones in the world for mineral resources, when we know exactly what they will have, is when we can sit down and begin to give a proper calculation.

Many here have been trying and have not even had near the numbers that are actually there, so why waste the time.

And yes that is "assuming" a win.......but then again I"m not assuming??

With regards,Frank

P.S.I pet my dog everyday, thanks for showing concern for him.

P.P.S.I would not doubt that there are others who have taken short positions, last count I heard was, just over 3,000,000 declared and a possible up to 6,000,000 undeclared, this should be interesting?



To: The Count who wrote (5884)3/1/1998 10:03:00 PM
From: Carl  Respond to of 10836
 
Nesbitt was one of the biggest net buyers in the last 2 months, so there may be some truth to the rumour that they are covering short positions. Greenline was also a big buyer. Nesbitt is owned by the Bank of Montreal and Greenline is owned by TD Bank. They are the two largest discount retail brokers in Canada, so I would guess that the buying has been primarily done by the little guy.



To: The Count who wrote (5884)3/2/1998 12:18:00 PM
From: david  Read Replies (1) | Respond to of 10836
 
Broker Position Summary

Broker Code: 009
Exchange: T
Symbol: KRY
Date Range: 02/11/98 - 03/02/98

Date
Bought
Av/Sh
Sold
Av/Sh
Day Net
Position
$Net
$Position
02/11/98 71490 9.92 35345 10.06 36145
36145
-353300
-353300
02/12/98
116937
11.31
79595
11.29
37342
73487
-424429
-777729
02/13/98
118600
11.51
99690
11.53
18910
92397
-215084
-992813
02/16/98
20400
10.81
24750
10.81
-4350
88047
47032
-945781
02/17/98
164905
9.93
125950
9.87
38955
127002
-394304
-1340085
02/18/98
35369
9.74
66050
9.81
-30681
96321
303731
-1036354
02/19/98
44848
9.81
48900
9.85
-4052
92269
41577
-994777
02/20/98
61000
9.28
73360
9.39
-12360
79909
123079
-871698
02/23/98
48185
9.84
59800
9.93
-11615
68294
119808
-751890
02/24/98
103212
10.33
33235
10.33
69977
138271
-722341
-1474231
02/25/98
9600
10.40
18600
10.30
-9000
129271
91775
-1382456
02/26/98
18959
10.32
17900
10.39
1059
130330
-9722
-1392178
02/27/98
86305
10.90
40550
10.82
45755
176085
-502114
-1894292
03/02/98
62200
11.59
23665
11.58
38535
214620
-446564
-2340856
Total
BOUGHT 962010
10.50
SOLD 747390
10.38

214620

-2340856

IN THIS PERIOD THEY BOUGT 962010
SOLD 747390



To: The Count who wrote (5884)3/3/1998 1:32:00 AM
From: Carl  Read Replies (1) | Respond to of 10836
 
Vincent, as an aside to your question re: Nesbitt. I noticed that KRY's biggest fan Dorothy Atkinson's company Whalen Beliveau is the top seller of KRY in the last few months. Since Dec. 1, they are net sellers of over $4.5 million worth of KRY, obviously at prices below today's close. Someone there should have listened to her :-).